Both organizations and consumers are evolving, becoming more digital, and requiring features that align with the current environment. As businesses are transforming digitally, consumers are surrounded by a plethora of applications and are using apps more than ever in daily life. Unfortunately, companies and individuals are at greater risk than ever because applications are among the top targets for threat actors.
TransUnion released new findings around online retail trends during the start of the 2020 global holiday shopping season. The research shows a 1% decrease in suspected online retail fraud worldwide during the start of the 2020 holiday shopping season compared to the same period in 2019, a 59% increase from the same period in 2018 and a 14% increase from all of 2020 so far. The findings are based on the same-store sales analysis of TransUnion’s e-commerce customers during the traditional start of the global holiday shopping season, Thanksgiving to Cyber Monday.
Generali Global Assistance released the findings of its fourth annual Holiday Shopping ID Theft survey. The survey examines consumer sentiment on retail data breaches and the identity theft risks holiday shopping poses.
The holiday shopping season is fast approaching, and it’s prime time for cyber attackers who hope to catch enterprises at their weakest moments.
According to a new survey of 1,100 retail companies conducted by the Ponemon Institute and sponsored by RSA, daily revenue surges by an average of 55 percent during the holiday season. However, if a retail site is hacked or disabled, average losses could amount to as much as $500,000 per hour, or $8,000 per minute, according to a Dark Reading report.
As we all soon will head out on upcoming holiday vacations, we all run the danger of becoming a remote risk for our companies, often without being aware of it.
October 1, 2013
As we all soon will head out on upcoming holiday vacations, we all run the danger of becoming a remote risk for our companies, often without being aware of it.